LG’s discussions with Vincorp and Volkswagen seem to have fallen off leaving the South Korean company without many choices.
The South Korean smartphone maker LG has been in the news for all the wrong reasons for the last couple of months. While the company had showcased its innovative rollable phone, the topic of discussion has been the company looking to shut down its mobile business. Last we heard the company was in talks with Taiwanese company Vingroup and Volkswagen to sell of its mobile business. However, according to a report from a South Korean publication dongA, both these discussions have failed and the only option left for the company is to quit the market.
